Page 1085 - Economy & Policy News

'NPAs down to Rs 7.7 trn due to transparent recognition of stressed assets'

"It is observed that the said ratio for India compared adversely with those of US, UK and China, and information in respect of Japan is not available," the minister said

Tur dal, Urad dal imports to remain in free category till March 2023

Free category means there will be no restrictions on imports

Parliament passes Budget: FM says will ensure predictable recovery

She said the war has affected the value chains, and the world markets are caught up in a situation where nothing is normal

Record fuel price hike due to spike in oil prices during last two weeks: FM

Sitharaman said the government is taking various steps in response to the rise in global oil prices

India stands by trade with sanctions-hit Russia as Lavrov set to visit

"India will import more items from Russia, especially if it is at a discount," one senior Indian government official said

Go for $100-bn export target: Piyush Goyal to gem, jewellery exporters

He urged the industry to suggest ways to take the exports to that level by creating incisive marketing tools and irresistible designs

Local manufacturing of 35 APIs started after PLI scheme: Mansukh Mandaviya

These 35 active pharmaceutical ingredients (APIs) are among the 53 APIs, for which India has 90 per cent import dependence

Indian home healthcare market to grow 2.5x to $19.9 bn by 2025: Nathealth

The study estimated that the market has a potential to grow an additional $5 bn with the right impetus

India got 65% more FDI during Modi regime against 10 years of UPA rule: FM

India remains in top 5 FDI recipient countries; FDI inflows 65% higher at $500.5 bn during Modi govt, says FM in Rajya Sabha

Sharp recovery in FY22 to help sustain growth: FM Nirmala Sitharaman

The reforms contributed to the real GDP growing at an annual average rate of 6.8 per cent during 2014-20, she said

Jammu & Kashmir govt receives 4,226 proposals worth Rs 47,441 crore

In this year's budget, Rs 200 crore has been allocated to provide financial assistance to young aspiring entrepreneurs of J&K

MoRTH asks DRDO's fire safety arm CFEES to probe Ola scooter case

Investigation will also cover Praise Pro electric scooter of Okinawa Scooters, which in a separate incident in Tamil Nadu, also caught fire and reportedly caused two deaths

'No proposal for merger of sick fertiliser units with profit-making firms'

"There is no proposal for merger of sick fertiliser units with profit making fertiliser units at present," minister said

ICRA lowers India's FY23 GDP growth forecast to 7.2% from 8%

Ratings agency ICRA has lowered India's FY23 GDP growth forecast to 7.2 per cent from an earlier projection of 8 per cent.

Russia-Ukraine crisis likely to impact UP's wheat procurement plan

Wheat market prices higher than MSP; UP targeting to buy 6 MT

India buys Russian sunflower oil at record price as Ukraine supplies stop

Sunflower oil from Russia could help the world's biggest edible oil importer in easing the shortfall at a time when availability of vegetable oils is stretched

Boeing develops 10-year roadmap for AAI to modernise air traffic management

The AAI manages the commercial traffic in the Indian airspace. It also runs more than 100 airports across the country.

Surging cost of construction likely to push up real estate prices

Over the last one year, developers' average cost of construction has risen 10-12 per cent, owing to higher input cost due to supply-side constraints

DGCA monitors airfares on certain routes to ensure reasonable airfares

Airlines are free to fix reasonable tariffs by taking into account all relevant factors: Ministry of Civil Aviation

Booming wheat exports from India to help relieve global shortages

The country is the top global producer of wheat after China